This Retail Property is no longer advertised on LoopNet.com.

885 E Apple Ave
Muskegon, MI 49442
BaM Body and Mind · Retail Property For Sale

Investment Highlights

  • Corporate Guarantee – Opportunity to own a corporately backed asset with annual rental increases
  • Attractive rental increases (2% Annually) provide investors with a hedge against inflation.
  • Tenant is in the process of building a cultivation and production facility – showing their commitment to its expansion in Michigan.
  • Publicly Traded Tenant – Body and Mind Inc. is publicly listed on (OTCQB: BMMJ) (CSE: BAMM)
  • Property was recently renovated in 2021 reflecting strong commitment to the location.
  • Michigan just broke a cannabis sales record in April 2022 - $195 Million ($168M from Recreational Sales)

Property Facts

Property Type
Retail
Property Subtype
Bank
Building Size
2,500 SF
Year Built
1943
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.50 AC
Zoning
B-2
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
98’ on Apple Ave

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
24-250-000-0039-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$232,000
  • Listing ID: 26325623

  • Date on Market: 8/4/2022

  • Last Updated:

  • Address: 885 E Apple Ave, Muskegon, MI 49442

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}